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Microcap & Penny Stocks : Madera Int. (WOOD)

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To: TOPFUEL who wrote (3321)1/11/1999 10:04:00 AM
From: David T. Groves  Read Replies (1) of 3693
 
Sorry to hear about your Grandfather, David

I truly want your opinion on the PE (price/earnings) evaluation on this company. Here again is the question. Answer if you like or don't.

From what I can see,I know that earlier on you said that this stock is worth $.10. After doing your extensive research and seeing that Revenues increased 100% , number of shares increased , this company does report to the SEC, It has earnings AND a nice book value, It seems ready to expand their core business, and develop new, non traditional outlets. It is relatively unknown, but recently has gotten more attention in the investment community.

After looking at all of this, do you think it should be selling at a PE of 1, 10, 20, 30, 40, or 50 ? ( the average S&P sells for ~ 30)

Or is this stock just a scam, their reports to the SEC, not worth the disk space they take up, and the land they hold just wasteland, according to your D&D.

Give me an honest opinion Topfuel. I guess we all would like to know.

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